Beware, those Gen Ys aren’t just carriers of iPhones with Twitter and Facebook – they’re also carriers of an epidemic of narcissism! According to San Diego State University psychology professor Jean Twenge, 30% of US college students today are “narcissistic” compared to just 15% in 1982.

Across a range of industries – from fashion to IT to archery supplies – these young entrepreneurs are building the next generation of Australian companies.

The Gen Y stereotype doesn’t include hard work, commitment, dedication and personal responsibility. Yet there can be little doubt the young entrepreneurs on the Future Makers list have all of these traits in abundance.

If you’re under 25 and toying with the idea of launching a business, it’s worth taking a look through the list to get some inspiration.

If you’re a parent, it’s worth printing out a copy of the list and suggestively leaving it on the corner of the coffee table. After all, if your teenagers haven’t vacuumed the carpet this week, the least they could do for you is make a million dollars in revenue.

And if you’re a little more experienced in life, it might be worth reading a counter-balance to some of the negative press the younger generation have been receiving of late.

StartupSmart

A free and small business advice website with a variant online start-up business community, whether you are looking for a business mentor or business ideas, StartupSmart will help you in starting a business the smart way.